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Category > Management Posted 04 Jun 2017 My Price 15.00

hypothetical transactions

Table summarizes hypothetical transactions that took place during a given year.

a. Calculate the U.S. merchandise trade, services, goods and services, income, unilateral transfers, and current account balances.

b. Which of these balances pertains to the net foreign investment position of the United States? How would you describe that position?

 

 

Given the hypothetical items shown in Table 10.7, determine the international investment position of the United States. Is the United States a net-creditor nation or a net-debtor nation?

International Transactions of the United States (billions of dollars)

Travel and transportation receipts, net

$25

Merchandise imports

450

Unilateral transfers, net

_20

Allocation of SDRs

15

Receipts on U.S. investments abroad

20

Statistical discrepancy

40

Compensation of employees

_5

Changes in U.S. assets abroad, net

_150

Merchandise exports

375

Other services, net

35

Payments on foreign investments in the

_10

United States

 

 

International Investment Position of the United State (billions of dollars)

Foreign official assets in the United States

$25

Other foreign assets in the United States

225

U.S. government assets abroad

150

U.S. private assets abroad

75

Answers

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Status NEW Posted 04 Jun 2017 04:06 PM My Price 15.00

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